XAUUSD-correction seems completed

Gold is still on downtrend, according to this D1 and H4 chart analysis i think the correction has completed.

Looking at D1 chart we have the price corrected to the 0.38 fib of wave 3 (an usual EW relationship)

We must consider also the H4 chart, price completed an ABC correction and has reacted to the 200 ema.
there is another relationship to consider: wave C=1.61 wave A

See H4 chart below

Target 1: last lows
Target 2 : projected wave 5=wave 1 (purple line)

Regards